Despite UIGEA 888.com profits up 34%
888 Holdings released preliminary financial results for 2006 today. Despite abandoning the US market in October 2006, representing 55% of it's business, 888 Holdings' profits before tax were up 34% to $90.5 million.
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888 Holdings poker revenues surge 179% to $109.8 million Professional-Poker 03/18/06 02:05 888 Holdings, the company that owns the online poker room Pacific Poker and the online casino 888.com, reported a $65 million profit for 2005, an increase of 59%. Most impressive was the rise in net gaming revenue for pokerup 179% from $39.3 million to $109.8 million.
UIGEA Effects: Hints from Online Poker's Financials PokerNews 02/21/07 17:55 In the last week or so, PartyGaming and 888 Holdings reported financial information, providing a first peek at how their departure from the US is effecting their bottom line. PartyGaming and 888 were among the first online poker sites... Links from Daily Poker News: Daily Poker News Better Rake back Deals So you want to earn more money with better rake-back then you should visit our rake-back site. |
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